Setting a budget for your dream home is one of the most essential steps in the building process. Planning carefully and understanding where costs arise can keep your project on track financially.
Step-by-Step Guide to Budgeting:
- Determine Essential Features: Make a list of must-haves versus nice-to-haves. Consider the number of rooms, custom finishes, and design elements you can’t compromise on.
- Calculate Site and Land Costs: These include land preparation, soil tests, drainage, and council approvals. Valletta Homes provides detailed quotes, accounting for local council requirements and any site-specific adjustments.
- Estimate Construction Costs by Area: A rough estimate per square meter gives a ballpark figure. For example, mid-range homes might range from $1,600–$2,500 per sqm in NSW.
- Allow for Fixtures and Finishes: Quality fixtures, such as faucets, cabinetry, or lighting, can impact the budget. Valletta Homes offers a range of finish options to suit various budgets.
- Account for Contingency: A recommended 10-15% buffer covers unexpected costs, ensuring you’re financially prepared throughout the project.
Valletta Homes’ Support in Budgeting:
Our team assists you from the planning stage, offering clear, transparent quotes and helping to prioritize your budget without sacrificing quality. We aim to make your dream home attainable within a practical budget.
